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Satpara Lake is an important lake in Skardu Valley which supplies water for the town of Skardu, which is located at 2,286 meters (7,500 ft). It is one of the most picturesque lakes in Pakistan.

In 2002, the Government of Pakistan decided to build a dam on the Satpara Lake. [1] The Government allocated Rs. 600 million ($10 million) for Satpara Dam project in 2004's financial year. [2] The progress on the project, however, has been slow.
Skardu (Urdu: سکردو) is the principal town and capital of Baltistan district, one of the districts making up Pakistan's Northern Areas (also part of the Pakistani-administered part of Kashmir). Skardu borders Kargil district (within Indian-administered Kashmir) to the east, Astore to the south, Kashmir and Azad Kashmir to the south east and Gilgit district in the west. Skardu is located in the 10 km wide by 40km long Skardu Valley, at the confluence of the Indus river (flowing from near Kailash in Tibet and through neighbouring Ladakh before reaching Baltistan) and the Shigar river. Skardu is situated at an altitude of nearly 2,500 m (8,200 feet), the town is surrounded by grey-brown coloured mountains, which hide the 8,000 metre peaks of the nearby Karakoram range